CENTRAL BANK OF ARMENIA

Job description:

We are looking for a Macroeconomist

to joun our Macroeconomic team.

The Global Forecasting School (GFS) is a world-class economics institute was developed in cooperation with Central Bank of Armenia whose primary purpose is developing a world-class monetary policy framework for the CBA. The various global and regional crises of the last several years (Covid, geopolitical tensions, etc.) highlight the importance of having monetary policy frameworks that are better equipped to deal with key risks and uncertainties. The new system being developed at the GFS, known as the Forecasting and Policy Analysis System (FPAS) Mark II, provides a systematic framework for a risk management and least regrets approach to monetary policymaking that better deals with uncertainty and nonlinearities.

The GFS team is comprised of world-class macroeconomists who are responsible for developing the FPAS Mark II framework, conducting policy-relevant research, writing working papers, conducting current analysis, and developing cutting-edge analytical tools. The GFS operates as a Dynamic Learning Environment (DLE), an intensive, rigorous, and highly collaborative training and learning environment. Instead of overly hierarchical and bureaucratic models, we believe in a collaborative system where economists immerse themselves in thinking critically, learning at lightning speeds, sharing knowledge, and giving and receiving constructive feedback as a habit. The GFS team has an opportunity to learn from and collaborate with the world’s leading economists and policymakers through multiple platforms: daily discussions, GFS weekly meetings, seminar series, quarterly workshops, AMPM courses, and so on.

/en/gfs-macroeconomist-macroeconomic-directorate

Job responsibilities

As a Macroeconomist within the GFS, you will be responsible for helping develop the FPAS Mark II framework for the Central Bank of Armenia. Key job functions and responsibilities include:

• Conducting policy-relevant research on hot topics in macroeconomics, leading to formal working papers
• Conducting current analysis and ad-hoc research projects that support the development of the framework
• Presenting research and analysis on a weekly basis to audience that includes CBA leadership and world-class economists and policymakers from around the world
• Building new communications frameworks for the CBA, including developing a best-in-class monetary policy report
• Working with the Board of the CBA to onboard them to the new framework
• Participating in Training, Coaching, and Collaboration Program on a daily basis, which includes formal and informal training and hands-on learning
• Committing to achieving the highest standards of critical thinking for economics, as demonstrated daily by excellent oral, written, and presentation communication skills

Required qualifications

• Bachelor’s or Master’s Degree in Economics, Mathematics, or Social Sciences (final-year university students may apply)
• Working knowledge of economics and applied economics (Intermediate Micro/Macro +)
• Strong foundational knowledge of mathematics (Calculus II +)
• Proficiency in English
• Open communication skills
• Good writing skills
• Critical thinking
• Multitasking & handling pressure well
• Innate drive and motivation
• High sense of personal responsibility and accountability
• Team player
• Willingness to make mistakes and fail
• Intellectual curiosity

Required candidate level: Not defined

Additional information